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Sri Lanka’s Fiscal Mgmt. Responsibility Act has no teeth: CB Chief

Dec 14, 2017 12:52:33 AM - LBO.com
Indrajit-CoomaraswamyDec 14, 2017 (LBO) – Sri Lanka is in the process of reviewing the Fiscal Management (Responsibility) Act as it does not have any teeth at the moment, the Central Bank Governor said. Speaking at the 10th International Research Conference, Governor Indrajit Coomaraswamy highlighted that there should be specific reasons to deviate from fiscal targets. […]